Speaking at least for my company, we have exclusive listing agreements, so if you want to buy a business we represent, you have to work through us - even if you approach the seller directly. 

Any other concerns with this approach I should know about? 

I need advice on how to approach this ownership transition.

From there, at your discretion, you'll have a lot more confidence in approaching deals since you'll get your own eyes on the area. 

If so any advice on how to best approach this will be greatly appreciated.

When I stepped inside, I immediately realized the interior had some significant challenges that would make the BRRR approach a lot more difficult.

In fact, a PM owner approached me about this with a property of his here in the DFW area recently.

I got approached by two people that I trust but they are not able to buy house on their own.

Im thinking if I come up with a different approach to the prospecting and farm these neighborhoods differently and use a different contract I could be okay.

A tactic or approach I take may not be as easy for you to do given different personalities and situations.